Grand Canyon Education Inc (LOPE)

Inventory turnover

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Cost of revenue (ttm)	US$ in thousands	267,137	263,323	259,705	257,855	254,454	253,075	254,030	251,938	250,000	187,875	183,249	178,186	174,755	230,414	225,088	221,168	216,113	211,644	206,339	200,749
Inventory	US$ in thousands	—	—	0	—	0	0	0	—	—	0	0	—	—	—	—	—	—	—	—	—
Inventory turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2024 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $267,137K ÷ $—K
= —

The data provided for Grand Canyon Education Inc's inventory turnover ratio is not available for any of the specified dates from March 31, 2020, to December 31, 2024. Without the specific values of cost of goods sold and average inventory for each period, it is not possible to calculate the inventory turnover ratio.

Inventory turnover ratio is a crucial financial metric that indicates how efficiently a company is managing its inventory. A high inventory turnover ratio suggests that the company is selling its inventory quickly and efficiently, which is generally favorable. Conversely, a low ratio may indicate overstock issues or slow sales, which could tie up capital in unsold inventory.

Without the specific figures for cost of goods sold and average inventory, it is challenging to assess Grand Canyon Education Inc's inventory management performance over time. It is recommended that the company provides more detailed financial information to enable a thorough analysis and evaluation of its inventory turnover ratio for better insights into its operational efficiency.